Will Alaska-Hawaiian Airlines Merger Fly?

Upworthy

04 Dec 2023 0 shares 1 views

Will Alaska-Hawaiian Airlines Merger Fly?

Will Alaska-Hawaiian Airlines Merger Fly?

Upworthy

Published 04 Dec 2023

Sunday’s announcement that Alaska Air Group Inc. (NYSE: ALK) has agreed to purchase Hawaiian Holdings Inc. (NASDAQ: HA) had a couple of quite different effects. First, Alaska Air offered to purchase Hawaiian Air at a premium of 270%. The stock, which closed Friday at $4.86, traded up about 178% in…

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